The Important Data of Automotive Wax Casting Parts That You Have to Know

Wax casting parts occupy an important proportion among a variety of automotive parts products, they include automotive engine block, cylinder cover, gearbox differential housing, intake manifold, exhaust manifold, crankshaft, camshaft, pistons, wheel hub etc.. According to statistics, American’s automotive castings accounted for 33% of total production of wax casting parts, while China's automotive castings are less than 20% of the total casting parts.

Automotive wax casting parts is one of the major downstream industries of automobile manufacturing industry, a vehicle that about 10.5% of the parts are cast iron, and 6.4% are aluminum castings, those wax casting parts are not only in large quantities, but of high quality requirements.

Since the year of 2000, China's casting production has been ranked first in the world, it has become a veritable casting manufacturing country. According to historical data, over the past 16 years, the automobile industry maintained a rapid growth, with an average increasing of 24% per year, the number of demands was 2 million in the 2000 year; in the year of 2009, China's automobile production and sales volumes both exceeded 13.5 million, automotive castings production total output reached 10.33 million tons; in 2010, the requirement of automotive were over 18,37million, production output reached 18 million, the yield of automotive castings reached 11.48 million tons. At a long period, the average annual growth rate in the automotive industry was higher than GDP.